Saturday, April 20, 2024

What is the importance of Human Resource Management?

Human Resource Management (HRM) is a development-oriented corporate process that implements a modern approach to maintaining employees at the workplace. HRM provides space for employee performance, involvement and growth and looks out for any concern of managers of all level.

Besides focusing on development, acquisition, utilisation and maintenance of human resource it is known for it has several other benefits. Let’s take a look at the areas that you can become an expert in if you choose to opt for HR courses in Dublin.

  • Maintain work-life quality

Quality of work life is concerned with the employee’s perception of psychological as well as physical wellbeing at the workplace. This involves the relationship between management and subordinate employee workforce. The primary aim is to maintain work freedom, job recognition, belongingness, task autonomy, and rewards.

  • Increase profit and productivity

Human resource management creates opportunities to motivate and facilitate employees to work hard to meet their personal career goals. It ensures the right quantity and quality of personnel in the workstation, to maximise profit and minimise cost, which can directly influence the productivity of the organisation.

  • Recruit employees who can adapt to change

This refers to regular training and development of employees to keep them updated with the necessary skills. They will, in turn, be better able to adjust to alterations within the company’s structure, environment and technology.

  • Match supply and demand for human resource

This is to identify if the company has an adequate number of employees in the human resource domain. Especial interest is taken in performing activities like selection and recruitment to balance the current requirement, as well as laying-off inefficient employees in case there is an excess of manpower.

  • Motivate employees and retain them to accomplish the company’s goal

Utilising human resource function to provide recruitment, fringe benefits compensation and rewards to the deserving employees. This not just involve retaining employees in the organisation but also in achieving goals effectively.

  • Recognise the contribution and merit of the employee

Human resource management recognises excellent and poor employee performance. Timely appraisals are arranged to reward better workers as a return for their contribution.

  • Create a feeling of team spirit and belongingness for the employee

This includes designing a job on the basis of teamwork demands. This makes every team member contribution feel valued so that employee and those who put in best from their side.

  • Sustain in the business market

This is to make sure that the organisation has the most promising employees who are capable of taking the business ahead. This guarantees to win the race of success and stability.

  • Resolve conflicts ethically

As conflicts are inevitable, human resource management acts as a consultant to it sort out. It promotes the timely conduct of organisational activities.

  • Develop a corporate image

This is to maintain a good public image, emphasising moral and social behaviour.

Nowadays, several companies prefer HRM to personnel support, used traditionally. Apply to a programme in Ireland today and be part of an international HRM platform that plays a vital role in upgrading the quality of a working experts’ team.

Sam Allcock
Sam Allcock
Sam heads up Cheshire-based PR Fire, an online platform that has already helped over 10,000 businesses to grab widespread media coverage on their news at an extremely accessible price point.

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